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20121228
20121228
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to what we have now. >> reporter: yeah. >> talking about why in "the washington post" a couple of months and said never have we seen them this dysfunctional and criticize both parties and now acknowledge the core of the problem lies with the republican party. what do you think is going on with this truly do nothing congress? >> reporter: well, toure, one is tempted to be flip and say there's post offices that needing naming in the '50s and inflated the numbers and really essentially looking at the numbers the vast majority of those bills, the vast preponderance of those bills is sort of inconsequential bills. they have a special day reserved for post office namings and singing the praises of this day or that day or motherhood or apple pie and so, you know, it's sort of really hard to tell and it's fairly strong indication as if we needed that number to indication of how dysfunctional this congress is. here's somebody, a speaker in the background there saying speaker boehner arrived at the white house and listening to that together. and let me segue back to what's going to be offered here
. emanating principally from washington, the present, and members of his party in congress the tragedy at santee elementary school in loudobbs@foxbusiness.com connecticut provoking calls for solutions and prevention of such budget. >> are we really prepared to say that we are powerless in the face of such carnage? that the politics are too hard. now we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's statements within all the hours of that shooting in pushing for a new second amendment of chechen. the senate's number two democrat says congressional hearings on gun control are on the way. senator dianne feinstein telling to get an assault weapon ban bill on the floor next month. senator chuck schumer of new york since in a political opportunity, passing gun-control insulation. >> i think we could be added to pinpoint for two reasons. to pinpoint where we might actually get something done. first, this was not a single incident. second, of course, it involves
, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in people's pockets until they actually pay their taxes or do their tax
serious matter. we need to work earnestly. the house members should be in washington. no reason to wait until sunday night. but i do want to say wup thing, al, and i think this is very important. one of the things that the house leadership is counting on is that we are so attuned to how serious this is that they're going to try to ram anything down our throat. now, let me tell you, we need a deal. we need a good deal. we need a fair deal. but we can't take any deal because this is a serious matter. we need to make sure that they don't make the poorest, vulnerable people pay for this thing. when they're talking about c cutting social security, i'm not guilty with that program. 2 million people's unemployment and a lot of other things -- sandy, help for sandy victims is all on the line here. we've got to get something done. >> i keep hearing this sad sacrifice like we had shared prosperity. there is no shared when i've never shared the prosperity and i'm going to help pay for a tab for a meal i wasn't invited to. >> rev, there has been a massive redistribution of wealth in this country. b
will weigh in and happy birthday to my good friend. we don't get to see him that often. denzil washington. i brewed him a couple of timings, great guy. ♪ ♪ [ dylan ] this is one way to keep your underwear clean. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there it is. thanks son. hey! [ female announcer ] charmin ultra strong has a duraclean texture that can help you get clean while still using less. and it's four times stronger versus the leading value brand. charmin ultra strong helps keep you and your underwear clean. we all go. why not enjoy the go with charmin ultra strong? thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash
live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house has already passed to extend all rates
, and you do, too, because we've seen it repeated because this gridlock in washington, you know, sort of elicits a national eye roll. but we should point out that the issues they're fighting over are the fundamental dividing lines between the two parties. and the reason it has been so hard for them to reach any kind of agreement is because they're arguing about the role of government, bigger or smaller. tax cuts, yes, or more of a social safety net for people? those are the basic foundational issues that define democrats versus republicans. and so while both sides have tried to make noises toward reaching a deal, they fundamentally break down over these divide over ideas. and so these are big issues. they're arguing about right now, suzanne. >> all right. jess, give us an update, if there's any progress from that afternoon meeting. we know they'll at least be sitting in the same place. maybe they'll come up with something. thanks. >>> some u.s. companies are now seeing a big jump in exports to china, of all places. this is part of a growing demand of products made in america. our magg
Search Results 0 to 6 of about 7